Builder Guilty of not passing benefit of ITC to purchasers of flats: NAA

Mr. Vivek Gupta Vs M/s Gurukripa Developers & Infrastructures Pvt. Ltd. (National Anti-Profiteering Authority) It is evident from the above that the Respondent has denied benefit of ITC to the Applicants as well as the rest 64 purchasers of flats in contravention of the provisions of Section 171 (1) of the CGST Act, 2017 and has thus realized more price from them than what he was entitled to charge and has also compelled them to pay more GST than what they were required to pay by issuing incorrect tax invoices and hence he has committed offence under section 122 (1) (i) of the CGST Act, 20...